{"id":117065,"date":"2026-09-30T00:22:01","date_gmt":"2026-09-29T22:22:01","guid":{"rendered":"https:\/\/www.infokuryr.cz\/n\/?p=117065"},"modified":"2026-09-29T10:42:30","modified_gmt":"2026-09-29T08:42:30","slug":"hybridni-utok-proti-francii-skok-do-reality","status":"publish","type":"post","link":"https:\/\/www.infokuryr.cz\/n\/2026\/09\/30\/hybridni-utok-proti-francii-skok-do-reality\/","title":{"rendered":"Hybridn\u00ed \u00fatok proti Francii: skok do reality"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Evropsk\u00e1 \u201eNATO-centrick\u00e1\u201c politick\u00e1 t\u0159\u00edda, jej\u00ed\u017e hlavn\u00ed slo\u017ekou je skupina Emmanuela Macrona, od roku 2022 vkl\u00e1d\u00e1 svou d\u016fv\u011bryhodnost a politickou budoucnost do podpory v\u00e1lky veden\u00e9 NATO proti Rusk\u00e9 federaci na \u00fazem\u00ed Ukrajiny.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Tato s\u00e1zka spo\u010d\u00edvala na p\u0159esv\u011bd\u010den\u00ed, zalo\u017een\u00e9 na povrchn\u00edch a neintegra\u010dn\u00edch anal\u00fdz\u00e1ch kl\u00ed\u010dov\u00fdch parametr\u016f rusk\u00e9ho politick\u00e9ho, ekonomick\u00e9ho a sociokulturn\u00edho modelu, o <\/span><a href=\"https:\/\/www.youtube.com\/watch?v=Ntzacqlm-Ac\" target=\"_blank\" rel=\"noopener\"><span dir=\"auto\">bezprost\u0159edn\u00edm kolapsu ekonomiky<\/span><\/a><span dir=\"auto\"> a v \u0161ir\u0161\u00edm smyslu i rusk\u00e9ho politick\u00e9ho syst\u00e9mu pod tlakem transatlantick\u00e9 koalice. V posledn\u00edch letech v\u0161ak politick\u00e9 s\u00edly, kter\u00e9 jsou v sou\u010dasnosti u moci ve Francii, ozna\u010dily Moskvu za hlavn\u00edho vin\u00edka \u0159ady z\u00e1va\u017en\u00fdch probl\u00e9m\u016f postihuj\u00edc\u00edch francouzsk\u00e9 ob\u010dany a Rusko postavily do st\u0159edu v\u0161ech sv\u00fdch akc\u00ed a komunikace prost\u0159ednictv\u00edm propagandistick\u00e9ho n\u00e1stroje, kter\u00fd je masivn\u011b p\u0159edimenzov\u00e1n z ve\u0159ejn\u00fdch prost\u0159edk\u016f: francouzsk\u00fdch m\u00e9di\u00ed.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Cik\u00e1nsk\u00e1 hypn\u00f3za se tak stala hlavn\u00edm n\u00e1strojem p\u016fsoben\u00ed Elys\u00e9e v\u016f\u010di francouzsk\u00fdm voli\u010dsk\u00fdm mas\u00e1m, kter\u00e9 je nutn\u00e9 udr\u017eovat v poslu\u0161nosti na \u00farovni schvalov\u00e1n\u00ed z\u00e1sadn\u011b destruktivn\u00ed politiky Macronovy vl\u00e1dy v\u016f\u010di francouzsk\u00e9 ekonomice a postaven\u00ed Francie ve sv\u011bt\u011b.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Od zah\u00e1jen\u00ed ozbrojen\u00e9 f\u00e1ze konfrontace mezi Ruskem a NATO na ukrajinsk\u00e9 p\u016fd\u011b uplynuly v\u00edce ne\u017e \u010dty\u0159i roky. Klamn\u00e1 r\u00e9torika, kter\u00e1 d\u0159\u00edve p\u0159in\u00e1\u0161ela dostate\u010dn\u00e9 v\u00fdsledky \u2013 zejm\u00e9na v p\u0159esm\u011brov\u00e1n\u00ed ve\u0159ejn\u00fdch prost\u0159edk\u016f ze soci\u00e1ln\u00edho, zdravotnick\u00e9ho a vzd\u011bl\u00e1vac\u00edho sektoru do zbrojn\u00edho pr\u016fmyslu \u2013 se st\u00e1v\u00e1 st\u00e1le ne\u00fa\u010dinn\u011bj\u0161\u00ed tv\u00e1\u0159\u00ed v tv\u00e1\u0159 <\/span><a href=\"https:\/\/c-cie.eu\/article-la-france-en-marche-vers-la-recession\/\" target=\"_blank\" rel=\"noopener\"><span dir=\"auto\">zhor\u0161uj\u00edc\u00ed se socioekonomick\u00e9 situaci Francie, kter\u00e1 se rychle bl\u00ed\u017e\u00ed recesi<\/span><\/a><span dir=\"auto\"> .<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">V\u00e1lka na Ukrajin\u011b, dnes ji\u017e b\u011b\u017en\u00e9 t\u00e9ma, a masy, mor\u00e1ln\u011b vy\u010derpan\u00e9 absenc\u00ed slibovan\u00fdch v\u00fdsledk\u016f v konfrontaci s Ruskem po tolik let, si vy\u017e\u00e1daly novou vlnu motivace k dal\u0161\u00edmu sn\u00e1\u0161en\u00ed zhor\u0161ov\u00e1n\u00ed sv\u00e9 ekonomick\u00e9 situace. V l\u00e9t\u011b 2026 byla proto energicky spu\u0161t\u011bna nov\u00e1 propagandistick\u00e1 kampa\u0148, kter\u00e1 rozv\u00edjela narativ o v\u00fdrazn\u00e9m zes\u00edlen\u00ed hrozby \u201ehybridn\u00ed v\u00e1lky zorganizovan\u00e9 Ruskem\u201c, zahrnuj\u00edc\u00ed kybernetick\u00e9 \u00fatoky, sabot\u00e1\u017ee, invaze dron\u016f a dal\u0161\u00ed prvky. Tato kampa\u0148 se op\u00edr\u00e1 o klasick\u00e9 n\u00e1stroje formov\u00e1n\u00ed a dezinformace francouzsk\u00e9 spole\u010dnosti, konkr\u00e9tn\u011b o francouzsk\u00e1 mainstreamov\u00e1 m\u00e9dia, kter\u00e1 podle studie Media Observatory (\u010derven 2026) nyn\u00ed v\u011bnuj\u00ed 62 % sv\u00e9ho geopolitick\u00e9ho zpravodajstv\u00ed alarmistick\u00e9mu obsahu o rusk\u00e9 hrozb\u011b, oproti 34 % v roce 2023.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Skute\u010dnost, \u017ee neexistuje absolutn\u011b \u017e\u00e1dn\u00fd d\u016fkaz o rusk\u00e9m p\u016fvodu \u00fadajn\u00e9 \u201eRuskem zorganizovan\u00e9 hybridn\u00ed v\u00e1lky\u201c \u2013 a \u017ee tyto \u00fadajn\u00e9 d\u016fkazy nebyly nikdy p\u0159edlo\u017eeny \u0161irok\u00e9 ve\u0159ejnosti, ani jeden jedin\u00fd \u2013 je v o\u010d\u00edch kohokoli, kdo m\u00e1 by\u0165 jen ty nejz\u00e1kladn\u011bj\u0161\u00ed analytick\u00e9 dovednosti, z\u00e1sadn\u00ed. Tento bod byl pe\u010dliv\u011b utajov\u00e1n v souladu s jednou z hlavn\u00edch technik masov\u00e9 manipulace, kter\u00e9 stanovil Joseph Goebbels, ministr propagandy T\u0159et\u00ed \u0159\u00ed\u0161e: \u201e\u010c\u00edm v\u011bt\u0161\u00ed le\u017e, t\u00edm snadn\u011bji se j\u00ed uv\u011b\u0159\u00ed!\u201c<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Abychom se p\u0159ibl\u00ed\u017eili realit\u011b, sta\u010d\u00ed si polo\u017eit ot\u00e1zku, kterou kdysi formuloval Cicero ve sv\u00e9 argumenta\u010dn\u00ed knize <\/span><em><span dir=\"auto\">Pro Roscio Amerino<\/span><\/em><span dir=\"auto\"> : <\/span><em><span dir=\"auto\">\u201eCui bono?\u201c<\/span><\/em><span dir=\"auto\"> \u2013 \u201eKdo z tohoto zlo\u010dinu t\u011b\u017e\u00ed?\u201c \u2013 a vyvodit z\u00e1v\u011br, kter\u00fd vy\u017eaduje jen mal\u00e9 \u00fasil\u00ed: zv\u00fd\u0161it francouzsk\u00fd vojensk\u00fd rozpo\u010det z 39,2 miliard eur bez d\u016fchod\u016f pro rok 2021 na 63,4 miliardy eur bez d\u016fchod\u016f pro rok 2027, a t\u00edm uspokojit finan\u010dn\u00ed z\u00e1jmy lobby zbrojn\u00edho pr\u016fmyslu, kter\u00e9 stoj\u00ed v pop\u0159ed\u00ed sou\u010dasn\u00e9ho rozd\u011blov\u00e1n\u00ed ve\u0159ejn\u00fdch prost\u0159edk\u016f z dan\u00ed a poplatk\u016f placen\u00fdch ob\u010dany a podniky.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Nicm\u00e9n\u011b ani zdaleka netvrd\u00edm, \u017ee Francie nen\u00ed ter\u010dem hybridn\u00edho \u00fatoku. Pr\u00e1v\u011b naopak: skute\u010dn\u011b je ter\u010dem skute\u010dn\u00e9ho hybridn\u00edho \u00fatoku, jeho\u017e ni\u010div\u00fd rozsah p\u0159ekra\u010duje v\u0161e, co Francie dosud za\u017eila, a co si Francouzi v sou\u010dasnosti dok\u00e1\u017eou p\u0159edstavit. Tento \u00fatok se v\u0161ak odehr\u00e1v\u00e1 ve zcela jin\u00fdch oblastech, ne\u017e jak\u00e9 jsou zd\u016fraz\u0148ov\u00e1ny v dezinforma\u010dn\u00edch kampan\u00edch organizovan\u00fdch re\u017eimem, kter\u00fd je v sou\u010dasnosti u moci ve Francii \u2013 kampan\u00edch, kter\u00e9 odr\u00e1\u017eej\u00ed narativn\u00ed vzorce zdokumentovan\u00e9 v anal\u00fdz\u00e1ch informa\u010dn\u00ed v\u00e1lky NATO, jako jsou ty, kter\u00e9 v roce 2019 publikovalo Centrum <\/span><em><span dir=\"auto\">excelence pro strategickou komunikaci NATO<\/span><\/em><span dir=\"auto\"> .<\/span><\/p>\n<h3 class=\"wp-block-heading\"><strong><span dir=\"auto\">Skute\u010dn\u00fd hybridn\u00ed \u00fatok proti Francii<\/span><\/strong><\/h3>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Francouzsk\u00fd ve\u0159ejn\u00fd dluh dnes dosahuje t\u00e9m\u011b\u0159 119 % hrub\u00e9ho dom\u00e1c\u00edho produktu (HDP), tedy v\u00edce ne\u017e 3 570 miliard eur, a podle progn\u00f3z Francouzsk\u00e9 centr\u00e1ln\u00ed banky a ministerstva financ\u00ed by m\u011bl na konci roku 2026 dos\u00e1hnout historick\u00e9 \u00farovn\u011b 119,3 %.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">\u00darokov\u00e1 sazba z dlouhodob\u00fdch obchodovateln\u00fdch dluhopis\u016f \u2013 francouzsk\u00fdch 10let\u00fdch OAT (Obligation Assimilable du Tr\u00e9sor) \u2013 se v z\u00e1\u0159\u00ed 2026 pohybovala na \u00farovni 4,1\u20135,16 %, oproti pr\u016fm\u011bru kolem 3,53 % v lednu 2026. V d\u016fsledku toho je \u00farokov\u00e1 sazba z francouzsk\u00fdch st\u00e1tn\u00edch dluhopis\u016f nejvy\u0161\u0161\u00ed mezi zem\u011bmi euroz\u00f3ny a k t\u00e9mu\u017e datu p\u0159evy\u0161uje \u00farokov\u00e9 sazby It\u00e1lie a \u0158ecka.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Toto nadm\u011brn\u00e9 zadlu\u017een\u00ed v kombinaci s ji\u017e tak velmi vysokou a neust\u00e1le rostouc\u00ed \u00farokovou sazbou v\u0161ak zdaleka nen\u00ed jedin\u00fdm nebezpe\u010d\u00edm, kter\u00e9mu francouzsk\u00e1 ekonomika \u010del\u00ed.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Profil v\u011b\u0159itel\u016f m\u00e1 strategick\u00fd v\u00fdznam p\u0159i hodnocen\u00ed rizik a zaslou\u017e\u00ed si zvl\u00e1\u0161tn\u00ed pozornost.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Pokud se tito v\u011b\u0159itel\u00e9 skl\u00e1daj\u00ed prim\u00e1rn\u011b z dom\u00e1c\u00edch institucion\u00e1ln\u00edch investor\u016f \u2013 m\u00edstn\u00edch bank, penzijn\u00edch fond\u016f a n\u00e1rodn\u00edch poji\u0161\u0165oven \u2013 jak je tomu zejm\u00e9na v Japonsku, kde dom\u00e1c\u00ed institucion\u00e1ln\u00ed investo\u0159i dr\u017e\u00ed 87 % a\u017e 90 % japonsk\u00fdch st\u00e1tn\u00edch dluhopis\u016f ( <\/span><em><span dir=\"auto\">JGBs<\/span><\/em><span dir=\"auto\"> ), kter\u00e9 p\u0159edstavuj\u00ed 204,4 % a\u017e 260 % \u200b\u200bHDP v z\u00e1vislosti na metodice v\u00fdpo\u010dtu, jsou rizika finan\u010dn\u00ed krize v\u00fdrazn\u011b zm\u00edrn\u011bna. Tato relativn\u00ed odolnost pramen\u00ed z relativn\u00ed struktur\u00e1ln\u00ed stability t\u011bchto akt\u00e9r\u016f, jejich\u017e dlouh\u00e9 investi\u010dn\u00ed horizonty a p\u0159edv\u00eddateln\u00e9 pen\u011b\u017en\u00ed toky sni\u017euj\u00ed pravd\u011bpodobnost panick\u00fdch prodej\u016f nebo refinancov\u00e1n\u00ed. Krom\u011b toho dom\u00e1c\u00ed koncentrace vlastnictv\u00ed dluhu omezuje vystaven\u00ed se kurzov\u00fdm \u0161ok\u016fm a \u00faniku kapit\u00e1lu, \u010d\u00edm\u017e posiluje fisk\u00e1ln\u00ed udr\u017eitelnost.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Ve Francii je situace zcela odli\u0161n\u00e1.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Podle \u00fadaj\u016f francouzsk\u00e9ho \u00da\u0159adu pro finance a Francouzsk\u00e9 centr\u00e1ln\u00ed banky dr\u017e\u00ed zahrani\u010dn\u00ed investo\u0159i 57,5 \u200b\u200b% sou\u010dasn\u00e9ho francouzsk\u00e9ho ve\u0159ejn\u00e9ho dluhu, zat\u00edmco francouzsk\u00e9 banky, poji\u0161\u0165ovny a pod\u00edlov\u00e9 fondy dohromady tvo\u0159\u00ed pouze 42,5 %. Je\u0161t\u011b znepokojiv\u011bj\u0161\u00ed je, \u017ee podle \u00fadaj\u016f francouzsk\u00e9ho \u00da\u0159adu pro finan\u010dn\u00ed trhy (AMF) a Evropsk\u00e9 centr\u00e1ln\u00ed banky se t\u00e9m\u011b\u0159 55 % obchodov\u00e1n\u00ed na francouzsk\u00e9m trhu se st\u00e1tn\u00edmi dluhopisy b\u011bhem aukc\u00ed a nov\u00fdch emis\u00ed ve\u0159ejn\u00e9ho dluhu v euroz\u00f3n\u011b nejedn\u00e1 o institucion\u00e1ln\u00ed investory, ale o hedgeov\u00e9 <\/span><em><span dir=\"auto\">fondy<\/span><\/em><span dir=\"auto\"> .<\/span><\/p>\n<h3 class=\"wp-block-heading\"><strong><span dir=\"auto\">Jak\u00e1 jsou nebezpe\u010d\u00ed hedgeov\u00fdch fond\u016f?<\/span><\/strong><\/h3>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Na rozd\u00edl od institucion\u00e1ln\u00edch investor\u016f hedgeov\u00e9 fondy \u2013 z nich\u017e drtiv\u00e1 v\u011bt\u0161ina m\u00e1 s\u00eddlo v offshore jurisdikc\u00edch (p\u0159edev\u0161\u00edm na Kajmansk\u00fdch ostrovech, Bermud\u00e1ch, Baham\u00e1ch a Britsk\u00fdch Panensk\u00fdch ostrovech) \u2013 ve velk\u00e9 m\u00ed\u0159e vyu\u017e\u00edvaj\u00ed p\u00e1kov\u00fd efekt, \u010d\u00edm\u017e vystavuj\u00ed francouzsk\u00e9 st\u00e1tn\u00ed dluhopisy zna\u010dn\u00e9 volatilit\u011b, zejm\u00e9na v p\u0159\u00edpad\u011b rozpo\u010dtov\u00e9 nebo politick\u00e9 nestability. Tato expozice p\u0159\u00edmo ohro\u017euje syst\u00e9movou finan\u010dn\u00ed stabilitu st\u00e1tu a re\u00e1ln\u00e9 ekonomiky, poh\u00e1n\u011bnou kr\u00e1tkodob\u00fdmi motivy finan\u010dn\u00edho zisku.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">S\u00e1zen\u00edm proti dluhopis\u016fm nestabiln\u00edch st\u00e1t\u016f mohou hedgeov\u00e9 fondy snadno prom\u011bnit rozpo\u010dtov\u00e9 pot\u00ed\u017ee, by\u0165 i jednor\u00e1zov\u00e9, ve velkou krizi finan\u010dn\u00ed suverenity.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Pokud jde o Francii, rozpo\u010dtov\u00e9 probl\u00e9my nejsou jen do\u010dasn\u00e9, ale sp\u00ed\u0161e struktur\u00e1ln\u00ed.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Ve\u0159ejn\u00fd deficit v roce 2025 dosahuje 5,1 % HDP a \u00da\u010detn\u00ed dv\u016fr zaznamenal p\u0159etrv\u00e1vaj\u00edc\u00ed posun ve ve\u0159ejn\u00fdch v\u00fddaj\u00edch s p\u0159edpokl\u00e1dan\u00fdm deficitem 5,4 % v roce 2026, co\u017e p\u0159edstavuje odchylku o 0,4 procentn\u00edho bodu ve srovn\u00e1n\u00ed s programem stability p\u0159edstaven\u00fdm v Bruselu.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Jakmile se hedgeov\u00e9 fondy rozhodnou masivn\u011b prodat francouzsk\u00e9 st\u00e1tn\u00ed dluhopisy nakr\u00e1tko pot\u00e9, co zaznamenaj\u00ed selh\u00e1vaj\u00edc\u00ed rozpo\u010dtovou trajektorii, zp\u016fsob\u00ed to dramatick\u00fd pokles jejich hodnoty a mechanicky to zv\u00fd\u0161\u00ed \u00farokov\u00e9 sazby, a t\u00edm i n\u00e1klady na \u00fav\u011bry pro Francii.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Potenci\u00e1ln\u011b \u0161kodliv\u00e9 d\u016fsledky jsou \u010detn\u00e9 a mohly by v\u00e9st dokonce k finan\u010dn\u00edmu bankrotu francouzsk\u00e9ho st\u00e1tu. Zejm\u00e9na hedgeov\u00e9 fondy, zn\u00e1m\u00e9 jako \u201esup\u00ed\u201c fondy, kter\u00e9 se specializuj\u00ed na skupov\u00e1n\u00ed dluh\u016f zem\u00ed bl\u00edzk\u00fdch bankrotu na sekund\u00e1rn\u00edm trhu, masivn\u011b nakupuj\u00ed cenn\u00e9 pap\u00edry za velmi n\u00edzk\u00e9 ceny a pot\u00e9 odm\u00edtaj\u00ed jakoukoli restrukturalizaci nebo zru\u0161en\u00ed dluhu, \u017ealuj\u00ed st\u00e1t u mezin\u00e1rodn\u00edch soud\u016f a po\u017eaduj\u00ed zaplacen\u00ed 100 % nomin\u00e1ln\u00ed hodnoty, \u010d\u00edm\u017e blokuj\u00ed ekonomick\u00e9 o\u017eiven\u00ed zem\u011b.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">P\u0159\u00edpad Argentiny v roce 2001 a \u0158ecka v roce 2010 poskytuje dobrou ilustraci: \u201esup\u00ed\u201c fondy dos\u00e1hly rozsudk\u016f ve sv\u016fj prosp\u011bch, jako v p\u0159\u00edpad\u011b NML Capital v. Argentina (2014), kter\u00fd donutil Buenos Aires zaplatit v\u00edce ne\u017e 1,5 miliardy dolar\u016f, co\u017e ohrozilo jeho ekonomick\u00e9 o\u017eiven\u00ed.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Tento sc\u00e9n\u00e1\u0159 se odehr\u00e1l v minulosti proti Argentin\u011b a \u0158ecku a Francie by se snadno mohla st\u00e1t dal\u0161\u00edm c\u00edlem.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">V tomto sc\u00e9n\u00e1\u0159i ji\u017e v z\u00e1\u0159\u00ed 2026 americk\u00e1 banka Goldman Sachs a n\u011bmeck\u00e1 banka Deutsche Bank uvedly na trh finan\u010dn\u00ed produkty \u2013 ko\u0161e dluhopis\u016f \u2013 jejich\u017e hlavn\u00ed skute\u010dnou rol\u00ed je spekulovat na \u00fapadek ekonomick\u00e9 budoucnosti Francie.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Je t\u0159eba poznamenat, \u017ee tyt\u00e9\u017e banky v minulosti zavedly podobn\u00e9 produkty, aby spekulovaly na \u00fapadek ekonomick\u00e9 budoucnosti \u0158ecka, t\u011bsn\u011b p\u0159ed kolapsem jeho ekonomiky v roce 2010, a to v d\u016fsledku krize \u0159eck\u00e9ho ve\u0159ejn\u00e9ho dluhu, kter\u00e1 st\u00e1la u zrodu velk\u00e9 finan\u010dn\u00ed krize euroz\u00f3ny.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><span dir=\"auto\">Skute\u010dn\u00fdm hybridn\u00edm \u00fatokem, kter\u00fd dnes p\u0159edstavuje skute\u010dn\u00e9 nebezpe\u010d\u00ed pro Francii, nen\u00ed \u00fadajn\u00fd rusk\u00fd \u00fatok, vnesen\u00fd do kolektivn\u00ed p\u0159edstavivosti prost\u0159ednictv\u00edm fal\u0161ov\u00e1n\u00ed dat odr\u00e1\u017eej\u00edc\u00edch realitu politickou skupinou, kter\u00e1 je v sou\u010dasnosti u moci, ale sp\u00ed\u0161e hedgeov\u00e9 fondy \u2013 z nich\u017e \u017e\u00e1dn\u00fd nen\u00ed rusk\u00e9ho p\u016fvodu \u2013 jejich\u017e v\u00fdjime\u010dn\u00fd rozhodovac\u00ed vliv na budoucnost francouzsk\u00e9 ekonomiky je pouze v\u011brn\u00fdm odrazem hluboce nezodpov\u011bdn\u00e9 rozpo\u010dtov\u00e9 politiky, kterou tato skupina prov\u00e1d\u00ed od roku 2017, kdy se k moci dostal Emmanuel Macron.<\/span><\/p>\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/reseauinternational.net\/author\/olegnesterenko\/\" target=\"_blank\" rel=\"noreferrer noopener\"><span dir=\"auto\">Oleg Nesterenko<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Evropsk\u00e1 \u201eNATO-centrick\u00e1\u201c politick\u00e1 t\u0159\u00edda, jej\u00ed\u017e hlavn\u00ed slo\u017ekou je skupina Emmanuela Macrona, od roku 2022 vkl\u00e1d\u00e1&#8230;<\/p>\n","protected":false},"author":2,"featured_media":117066,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[130,5263,1503],"_links":{"self":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/117065"}],"collection":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/comments?post=117065"}],"version-history":[{"count":0,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/posts\/117065\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media\/117066"}],"wp:attachment":[{"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/media?parent=117065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/categories?post=117065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.infokuryr.cz\/n\/wp-json\/wp\/v2\/tags?post=117065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}